Announcement Date: 2022-09-19
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Blue Lagoon Resources Inc.
Project name: Dome Mountain
Location: Canada
Commodities: Gold,Silver
Highlight: Drilling results incl. 1.73m at 30.67g/t Au, 99.26g/t Ag from 19.87m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: SEPTEMBER 19, 2022– Vancouver, British Columbia – Blue Lagoon Resources Inc. (the “Company”) (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) is pleased to announce significant mineralized intercepts from the first holes of the Phase Two 2022 drill program on its all year-round and road accessible Dome Mountain Gold Project, located a short 50-minute drive from Smithers, British Columbia. Drill results include 126 g/t Au and 404 g/t Ag over 0.41 meters from the Chance Structural Zone (CSZ) in hole DM-22-247. “While drilling the mineralized flat structural zone in the CSZ (“Flat Chance”) we have encountered what we believe to be a new vein system of higher grade than those hosted in the Flat Chance Structure”, said Bill Cronk, Chief Geologist for Blue Lagoon Resources. “The Flat Chance Structure has been drilled down dip for 400 meters and along strike for 200 meters and the structure has been hit in all holes so far. This structural zone ranges from less than 1 meter up to 15 meters thick which may host multiple gold mineralized veins and attendant alteration. Our drilling to extend along strike also intersected a new structure that lies orthogonal to the Flat Chance Structure and appears, at least initially, much higher grade, and offers another opportunity to develop additional mineralized resources at Dome Mountain.”
Read More

Pricing Plans

We are a SaaS business and access to announcements and data is by subscription. We offer monthly subscriptions and discounts for annual payments.

Standard

$ 10
Per Month

Stay up to date with the global mining industry.

  • The Opaxe Review
  • Search using Explore
  • 40,000 company announcements
  • Access announcements older than 7 days only

Premium

$ 100
Per Month

Comes with Alerts and lots of data, perfect for: Mining Companies, Consultants, and Share Traders

  • All Essential plan features; plus
  • Announcement Alerts and Notifications
  • Drilling result comparisons
  • Downloadable intercept data
  • Resources and reserves data